A social venture is an entity established by a social
entrepreneur that seeks to provide creative and effective solutions to achieve
sustainable social objectives.

"Social venture is a bridge of hope to a new world."

The Social Venture Incubating
Center (SOVEN) supports adventurous, innovative and creative start-ups by
youths in their 20s and 30s. It aims to enable the current 10 businesses backed
by the SOVEN to become social ventures that create sustainable revenue streams
with convincing social missions.

* Sponsored by the Life Insurance Social Contribution
Center, the SOVEN was established by the Work Together Foundation in December
2009.

Social Venture Incubating
Center | Vision

Vision: Become a professional social venture incubating Mecca for
youths, with the best consulting capacities

Missions:

Incubate successful social
venture models that can generate sustainable revenue with convincing social
values

Core Values: Passion,
Innovation, Communication, Integrity

Unique Support System
Provided by the Social Venture Incubating Center

Once every six months, the
SOVEN selects new social ventures and assesses their outcomes. A selected
social venture will be provided with integral support for a maximum of two
years.

Comprehensive
Support (consists of running 27 programs in five support modules):

It is the goal of social
ventures to achieve both social missions and sustainable outcomes. The SOVEN
offers total solutions for these goals. These solutions include programs that
provide various types of training for cultivating social entrepreneurs by
teaching successful management skills and teaching know-how.

A Continuous Business Consulting Service:

This service meets every
two weeks and provides business management coaching, including management
know-how, methods of organization and management, and solutions for managerial
issues that the businesses face. With the aid of this service, social
entrepreneurs can enhance their own management skills and other systematic
daily capacities for performance management.

Customized Support:

SOVEN operates a program
that is not “one size fits all,” or strictly uniform. Instead, it is
differentiated and tailored to the specific features and needs of the business.

Utilization of the Foundation’s resources:

Through the Work Together
Foundation, SOVEN provides certification of social enterprises,business networking, various types of
training, and a network of expert groups.

Support for Generating
a Practical
Financial
Performance:

SOVEN helps clarify profit
models and achieve positive financial outcomes with the help of other
businesses.

Five Supporting Modules
| 27 Programs

[_Social Entrepreneurs]

Supporting CEOs: Coaching of management performance every
two weeks / Providing consulting by experts in the field

External Education:Offering a school
for learning practical skills that are needed to manage social ventures

[_Infrastructure]

Promotion: Enhancing promotions

Network: Building a network of expert groups /
Expanding support with the foundation / Encouraging communication among the
ventures within the center

Back Office: Providing support for space, back office and education fees

[_Incubating
Pre-Social Ventures]

Education:Conducting
open
lectures

What is the Work
Together Foundation?

It is a non-profit public
organization which focuses its strengths to encourage the continuous
sustainability of jobs. It offers development of a private model to overcome
unemployment faced by groups of people who cannot easily find jobs, such as
low-income women, heads-of-household, the elderly, the unemployed poor and
unemployed youth. It also seeks out and supports social enterprises that can
serve as an alternative employment model for employing the most disadvantaged
groups in society. The foundation creates funds for social enterprise start-ups
through cooperation with the government, companies, and civil society.